Wealth firms’ war for wallet share fuels consolidation, says Cerulli
Report reveals how top firms are taking more assets through M&A as they look to assimilate technology and service offerings.
Blackstone set to make debut on CAIS alts platform
Partnership will give more independent advisors and firms access to Blackstone strategies that have been curated and vetted by Mercer.
Concurrent bolsters Arizona presence with new independent practice
With a complex merger deal culminating in a $500M book of assets, the hybrid RIA welcomes three ex-Raymond James advisors.
MassMutual and iCapital unveil expanded alts platform
The firms have teamed up to build a centralized tech platform for advisors to access alternatives, structured notes, and annuities.
LPL welcomes elite ex-Merrill Lynch advisor
The second-generation advisor and former hedge fund analyst reported managing $85 million in assets at the wirehouse.
Fintech startup Archive Intel secures $1M seed funding
The wealth tech provider is broadening its communications archiving and compliance footprint and boosting its AI capabilities.
The RIA M&A trend started off strong in Q1 2024
Devoe & Company research reveals uptick in transactions as succession challenges, quest for talent, and growth ambitions persist.
Wealthspire to snap up all-women practice in Ohio
The New York-based RIA is extending its Midwestern presence with plans to acquire the $420M independent serving multigenerational clients.
Raymond James boosts Northeast presence with $800M team
The five-advisor group based in Massachusetts has joined the firm’s independent advisor unit after being affiliated with Commonwealth.
First Citizens Wealth boosts private investments for HNW clients
The North Carolina-based wealth firm is expanding its private equity, private debt, private real estate options for qualified individuals and institutions.